The Walmart-led group prepping a rival mobile-payments system finally speaks out after coming under fire for merchant actions. Plus: It warns of a hack.
Apple Pay or merchants' CurrentC? Consumers will have to decide which mobile payments system works better for them.
Apple has already confirmed that it won't charge merchants or consumers for card transactions, yet it's unclear how much in fees the company can generate from banks.
The company known for its mobile phone credit card scanner reveals another source of revenue as it continues to stave off reported money troubles.
Change of leadership at the mobile-payments effort backed by major merchants comes a day after member Best Buy opted for Apple's competing system.
The agreement means that Apple's mobile payments system will work with all four major credit cards in the US.
Retailer's customers can use the mobile-payments system to complete transactions on its app, with in-store capability coming later this year.
T-Mobile, GameStop, Firehouse Subs and Acme are among the retail chains now accepting Apple's mobile payment system, according to AppleInsider.
CEO Tim Cook says Apple Pay has been incredibly successful as the company prepares to add the capability to its new Apple Watch.
The exec in charge of Apple Pay tells CNET at a Golden State Warriors game that the mobile payments service will work on the company's new smartwatch as long as the device has been unlocked with a passcode or through an iPhone.